Saturday, February 15, 2025

NAACP Lists Companies That Dump DEI (Connecting the Dots: McKinsey & Company, NAACP, Obamacare & Soros Funding, All Networking)

NAACP Lists Companies That Dump DEI (Connecting the Dots: McKinsey & Company, NAACP, Obamacare & Soros Funding, All Networking)

Newsmax.com

Saturday, 15 February 2025 04:53 PM EST

https://www.newsmax.com/newsfront/dei-naacp-buying/2025/02/15/id/1199240/

The NAACP wants Black Americans to steer their buying power toward companies that haven’t pulled back from diversity, equity and inclusion programs under conservative pressure, and the nation’s oldest civil rights organization is listing which brands have stood by — or reversed — past commitments to DEI.

The NAACP says the spending guide it published Saturday is needed because DEI initiatives promote the social and economic advancement of Black Americans, who are projected to consume nearly $2 trillion in goods and services in nominal dollars by 2030, according to the McKinsey Institute for Black Economic Mobility.

“Diversity is better for the bottom line,” NAACP President Derrick Johnson said in an exclusive announcement to The Associated Press. “In a global economy, those who reject the multicultural nature of consumerism and business will be left in the past they are living in.”

Keisha Bross, an economic strategist at the NAACP, says they are not calling for a “boycott” of companies but instead encourage consumers to “buy-in” on companies that back their values. People of all backgrounds are encouraged to use the Black Consumer Advisory.

The NAACP is speaking with executives at companies named in the advisory for reversing their DEI policies — including Lowe’s, TargetWalmart, Amazon, Meta, McDonald’s, and Tractor Supply — and will update its guidance as companies roll back or reaffirm commitments to DEI.

The advisory praises Costco for standing by previous commitments, as well as Apple, Ben & Jerry’s, Delta Airlines, e.l.f. Cosmetics and JPMorgan Chase & Co.

The effort comes as corporations, governments and other major institutions face pressure to roll back DEI policies amid a backlash from the Trump administration and Republican-led state governments.

Soon after taking office, President Donald Trump signed an executive order directing federal agencies to end “illegal preferences and discrimination” in government and instructed federal agencies to find ways alongside the Justice Department to “encourage the private sector to end illegal discrimination and preferences, including DEI.”

DEI policies are a catchall term for programs meant to promote fair treatment, impartial hiring and cooperation between people from different backgrounds. Such policies vary wildly but often include anti-discrimination mandates and training meant to inform people about how to promote inclusive values. Some institutions hire staff who focus on implementing DEI policies.

The advisory looks at which companies are backtracking on prior commitments, including by eliminating diversity officer positions, ending hiring practices meant to boost staff diversity or supplier diversity standards, or reducing investments in Black communities such as support for historically Black colleges and universities.

The study by McKinsey also found that Black Americans are more likely to live in communities that lack access to the goods and services of major companies.

Johnson, the NAACP president, said he wants to provide a framework for Black communities “as we make difficult decisions on where to spend our hard-earned money.”

“If corporations want our dollars, they better be ready to do the right thing,” he said.

Trump's orders also face legal pushback. In February, a group that included the mayor of Baltimore and an association representing university professors sued the Trump administration over the orders, claiming that the directives violated civil rights law.

“In his crusade to erase diversity, equity, inclusion, and accessibility from our country, President Trump cannot usurp Congress’s exclusive power of the purse, nor can he silence those who disagree with him by threatening them with the loss of federal funds and other enforcement actions,” the plaintiffs in the lawsuit wrote.

More litigation surrounding DEI in the private sector is pending. The Federal Communications Commission recently sued Comcast over its DEI policies. And the state of Missouri in February filed a lawsuit against Starbucks over its DEI policies. Companies including Apple, Berkshire Hathaway, Coca-Cola, IBM, Mastercard and Pepsico face shareholder resolutions challenging their DEI practices.

The McKinsey Institute for Black Economic Mobility

https://www.mckinsey.com/bem/overview

McKinsey & Company

McKinsey Global Institute

https://www.mckinsey.com/mgi/about-us

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The McKinsey Global Institute was established in 1990. Our mission is to provide a fact base to aid decision making on economic and business issues most critical to the world’s companies and policy leaders. We benefit from the full range of McKinsey’s regional, sectoral, and functional knowledge, as well as its skills and expertise. However, editorial direction and decisions are solely the responsibility of MGI directors and partners.

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MGI is led by McKinsey & Company senior partners, Sven Smit, who serves as chair, and Chris Bradley, Kweilin Ellingrud, Sylvain Johansson, Nick Leung, Olivia White, and Lareina Yee.

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Connecting the Dots:

Chelsea V. Clinton was an employee at McKinsey & Company and is the vice chair for the Bill, Hillary & Chelsea Clinton Foundation.

Eric Braverman was a partner at McKinsey & Company and is the CEO for the Bill, Hillary & Chelsea Clinton Foundation.

McKinsey & Company was a funder for the Bill, Hillary & Chelsea Clinton Foundation.

Open Society Foundations was a funder for the Bill, Hillary & Chelsea Clinton Foundation and the Atlantic Council of the United States (think tank).

George Soros is the founder & chairman for the Open Society Foundations and was chairman for the Foundation to Promote Open Society.      

John D. Macomber is a director at the Atlantic Council of the United States (think tank) and was a senior partner at McKinsey & Company.

Susan E. Rice was a director at the Atlantic Council of the United States (think tank), a management consultant for McKinsey & Company a senior fellow at the Brookings Institution (think tank) and White House national security adviser for the Barack Obama administration.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was chairman for the Foundation to Promote Open Society

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and a management consultant for McKinsey & Company.

Martin N. Baily was a senior fellow at the Brookings Institution (think tank) and a principal for McKinsey & Company.

Lael Brainard was a VP & director at the Brookings Institution (think tank) and a consultant for McKinsey & Company.

D. Ronald Daniel was an honorary trustee at the Brookings Institution (think tank) and is a director at McKinsey & Company.

Dominic Barton is a trustee at the Brookings Institution (think tank), a trustee at the Committee for Economic Development and a global managing director for McKinsey & Company.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank) and the Committee for Economic Development.

George Soros was chairman for the Foundation to Promote Open Society

Donald C. Waite III was a trustee at the Committee for Economic Development and is a director emeritus for McKinsey & Company.

Leonard T. Mendonca is a director at McKinsey & Company, the chairman for the McKinsey Global Institute and a co-chairman for the Committee for Economic Development.

Foundation to Promote Open Society was a funder for the Committee for Economic Development.

George Soros was chairman for the Foundation to Promote Open Society

Donna S. Morea was a trustee at the Committee for Economic Development and the EVP for the CGI Group Inc.

CGI Group Inc. was the contractor that developed Healthcare.gov web site for Obamacare.

McKinsey & Company is an Obamacare contractor.

McKinsey Global Institute is an economics research group for McKinsey & Company.  

Obamacare is Barack Obama’s signature policy initiative.

Barack Obama’s signature policy initiative was Obamacare and was an intern at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP.

Cameron F. Kerry is a senior counsel at Sidley Austin LLPJohn F. Kerry’s brother and a fellow at the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank), the Center for American Progress and the NAACP Legal Defense & Educational Fund.

George Soros is the chairman for the Foundation to Promote Open Society, a supporter for the Center for American Progress and is the founder & chairman for the Open Society Foundations. 

Open Society Foundations was a funder for the Center for American Progress.

Melody C. Barnes was an EVP for the Center for American Progress, the domestic policy council, director for the Barack Obama administration, a principal at the Raben Group and is Barack Obama’s golf partner.

Raben Group was the lobby firm for the NAACP Legal Defense & Educational Fund.

Robert Raben is the president of the Raben Group, was an assistant attorney general for the U.S. Department of Justice and a director at the American Constitution Society.

Open Society Foundations was a funder for the American Constitution Society.

George Soros is the founder & chairman for the Open Society Foundations and the chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the NAACP Legal Defense & Educational Fund.

Eric H. Holder Jr. was a board member for the American Constitution Society, an intern at the NAACP Legal Defense & Educational Fund and the attorney general at the U.S. Department of Justice for the Barack Obama administration.

Vernon E. Jordan Jr. is a senior director at the NAACP Legal Defense & Educational Fund and an honorary trustee at the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the NAACP Legal Defense & Educational Fund and the Brookings Institution (think tank).

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and a management consultant for McKinsey & Company.

Martin N. Baily was a senior fellow at the Brookings Institution (think tank and a principal for McKinsey & Company.

Lael Brainard was a VP & director at the Brookings Institution (think tank) and a consultant for McKinsey & Company.

D. Ronald Daniel was an honorary trustee at the Brookings Institution (think tank) and is a director at McKinsey & Company.

Anthony W. Miller was a partner at McKinsey & Company and a director at Silver Lake.

Silver Lake Kraftwerk Fund is a fund for Silver Lake and a partner with Soros Fund Management.

George Soros is the founder of Soros Fund Management and was the Chairman for the Foundation to Promote Open Society.

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank).

James M. Manyika is a trustee at the Aspen Institute (think tank) and a partner at McKinsey & Company and

James S. Crown is a trustee at the Aspen Institute (think tank) and a member of the Commercial Club of Chicago.

Lester Crown was a lifetime trustee at the Aspen Institute (think tank) and is a member of the Commercial Club of Chicago.

R. Eden Martin is the president of the Commercial Club of Chicago and counsel at Sidley Austin LLP.  

Newton N. Minow is a member of the Commercial Club of Chicago and a senior counsel at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP.

Barack Obama was an intern at Sidley Austin LLP and Obamacare was his signature policy initiative.

McKinsey & Company is an Obamacare contractor.

McKinsey Global Institute is an economics research group for McKinsey & Company.  

CGI Group Inc. was the contractor that developed Healthcare.gov web site for Obamacare.

Donna S. Morea was the EVP for the CGI Group Inc. and a trustee at the Committee for Economic Development.

Foundation to Promote Open Society was a funder for the Committee for Economic Development.

George Soros was chairman for the Foundation to Promote Open Society

Donald C. Waite III was a trustee at the Committee for Economic Development and is a director emeritus for McKinsey & Company.

Leonard T. Mendonca is a director at McKinsey & Company, the chairman for the McKinsey Global Institute and a co-chairman for the Committee for Economic Development.

Dominic Barton is a trustee at the Committee for Economic Development, a trustee at the Brookings Institution (think tank) and a global managing director for McKinsey & Company.

Foundation to Promote Open Society was a funder for the Committee for Economic Development and the Brookings Institution (think tank).

George Soros was chairman for the Foundation to Promote Open Society

Sheryl K. Sandberg was a trustee at the Brookings Institution (think tank) and a management consultant for McKinsey & Company.

Martin N. Baily was a senior fellow at the Brookings Institution (think tank and a principal for McKinsey & Company.

Lael Brainard was a VP & director at the Brookings Institution (think tank) and a consultant for McKinsey & Company.

D. Ronald Daniel was an honorary trustee at the Brookings Institution (think tank) and is a director at McKinsey & Company.

Cameron F. Kerry is a fellow at the Brookings Institution (think tank), John F. Kerry’s brother and a senior counsel at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP.

Barack Obama was an intern at Sidley Austin LLP and Obamacare was his signature policy initiative.

McKinsey & Company is an Obamacare contractor.

McKinsey Global Institute is an economics research group for McKinsey & Company.  

CGI Group Inc. was the contractor that developed Healthcare.gov web site for Obamacare.

Donna S. Morea was the EVP for the CGI Group Inc. and a trustee at the Committee for Economic Development.

Foundation to Promote Open Society was a funder for the Committee for Economic Development.

George Soros was chairman for the Foundation to Promote Open Society

Donald C. Waite III was a trustee at the Committee for Economic Development and is a director emeritus for McKinsey & Company.

Resources: Past Research

Chelsea Clinton Gives Birth to Baby Girl (Past Research on McKinsey & Company)

Saturday, September 27, 2014

https://thesteadydrip.blogspot.com/2014/09/15.html

Pope Asks for Special Prayers for 'very Sick' Benedict XVI (Connecting the Dots: Catholic Church, Papal Knighthood, McKinsey & Company (Vatican Hires McKinsey & Company) & Soros Funding, All Networking) (Past Research on McKinsey & Company)

Wednesday, December 28, 2022

https://thesteadydrip.blogspot.com/2022/12/pope-asks-for-special-prayers-for-very.html

FBI Rebuts Secretary Noem's Claims of Corrupt Agents (Connecting the Dots: The Federal Bureau of Investigation (FBI), The U.S. Department of Justice (DOJ) & Soros Funding, All Networking) (Past Research on Obamacare)

Saturday, February 15, 2025

https://thesteadydrip.blogspot.com/2025/02/fbi-rebuts-secretary-noems-claims-of.html

‘I Had Nothing to Do With That!’ Obama Dodges Blame For Skyrocketing Premiums (Past Research on McKinsey & Company)

Friday, October 21, 2016

https://thesteadydrip.blogspot.com/2016/10/i-had-nothing-to-do-with-that-obama.html

Duck Hunt: NAACP Blasts Phil Robertson as 'Racist' (Past Research on the NAACP)

Saturday, December 21, 2013

https://thesteadydrip.blogspot.com/2013/12/duck-hunt-naacp-blasts-phil-robertson.html

Wells Fargo CEO Confident in Regulatory Fixes (Connecting the Dots: Wells Fargo, Barack Obama administration, Vickee Jordan Adams, William M. Daley (Bill Daley), Mayer Brown & Soros Funding, All Networking) (Past Research on Vernon Jordan)

Wednesday, December 11, 2024

https://thesteadydrip.blogspot.com/2024/12/wells-fargo-ceo-confident-in-regulatory.html

‘I Had Nothing to Do With That!’ Obama Dodges Blame For Skyrocketing Premiums (Past Research on Obamacare)

Friday, October 21, 2016

https://thesteadydrip.blogspot.com/2016/10/i-had-nothing-to-do-with-that-obama.html 

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